Tax revenue (current LCU) in Ghana
Ghana: Tax revenue (current LCU) was 110.02 billion current LCU in 2023. ◆ Volatile
Tax revenue in Ghana, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for tax revenue in Ghana is 110.02 billion current LCU, measured in 2023. That is the highest value across all 27 years on record.
The figure is up 45.6% on the previous year and up 728.2% over ten years.
Over the whole period, tax revenue in Ghana peaked at 110.02 billion current LCU in 2023 and was at its lowest, 21.97 million current LCU, in 1990.
Ghana ranks 91st of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU) in Ghana, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 21.97 million current LCU | — |
| 1991 | 31.95 million current LCU | +45.4% |
| 1992 | 30.18 million current LCU | -5.5% |
| 1993 | 50.92 million current LCU | +68.7% |
| 2001 | 654.55 million current LCU | +1185.6% |
| 2002 | 854.75 million current LCU | +30.6% |
| 2003 | 1.22 billion current LCU | +43.0% |
| 2004 | 1.74 billion current LCU | +42.2% |
| 2005 | 2.07 billion current LCU | +19.3% |
| 2006 | 2.40 billion current LCU | +15.5% |
| 2007 | 3.21 billion current LCU | +34.1% |
| 2008 | 4.19 billion current LCU | +30.5% |
| 2009 | 4.62 billion current LCU | +10.1% |
| 2010 | 6.16 billion current LCU | +33.5% |
| 2011 | 8.89 billion current LCU | +44.3% |
| 2012 | 11.57 billion current LCU | +30.2% |
| 2013 | 13.28 billion current LCU | +14.8% |
| 2014 | 17.86 billion current LCU | +34.4% |
| 2015 | 21.46 billion current LCU | +20.2% |
| 2016 | 24.28 billion current LCU | +13.2% |
| 2017 | 30.42 billion current LCU | +25.3% |
| 2018 | 37.78 billion current LCU | +24.2% |
| 2019 | 42.77 billion current LCU | +13.2% |
| 2020 | 44.45 billion current LCU | +3.9% |
| 2021 | 56.53 billion current LCU | +27.2% |
| 2022 | 75.55 billion current LCU | +33.6% |
| 2023 | 110.02 billion current LCU | +45.6% |
Ghana compared with similar countries
- Ghana's 110.02 billion current LCU is below the median for lower middle income countries, which is 306.46 billion current LCU, 36% of the median. (36 countries reporting)
- Ghana's 110.02 billion current LCU is below the median for Sub-Saharan Africa, which is 692.11 billion current LCU, 16% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Tax revenue (current LCU) in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +1185.6% | 50.92 million current LCU | 654.55 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 33.75 million current LCU | 21.97 million current LCU | 50.92 million current LCU | 4 |
| 2000s | 2.33 billion current LCU | 654.55 million current LCU | 4.62 billion current LCU | 9 |
| 2010s | 21.45 billion current LCU | 6.16 billion current LCU | 42.77 billion current LCU | 10 |
| 2020s | 71.64 billion current LCU | 44.45 billion current LCU | 110.02 billion current LCU | 4 |
Countries ranked near Ghana
More public sector data for Ghana
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is tax revenue in Ghana?
- Tax revenue in Ghana was 110.02 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Ghana?
- The highest recorded value was 110.02 billion current LCU in 2023.
- What is the lowest tax revenue recorded in Ghana?
- The lowest recorded value was 21.97 million current LCU in 1990.
- How does Ghana rank for tax revenue?
- Ghana ranks 91st out of 157 countries with data for 2023.
- Is tax revenue rising or falling in Ghana?
- Over the last ten years it is up 728.2%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Tax revenue (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.